RIL denies illegal account charges against Mukesh

The company alleges that AAP is being instigated by vested interests

BS Reporter New Delhi
Last Updated : Feb 27 2014 | 2:04 AM IST
Reliance Industries Ltd (RIL) has denied the Aam Aadmi Party (AAP)’s allegations against the company and its chief Mukesh Ambani. It said the AAP’s “continued tirade” against RIL appeared to be instigated by vested interests. “As stated earlier, it is being reiterated neither Reliance Industries nor Mukesh Ambani have or had any illegitimate account anywhere in the world,” said a company statement. On Sunday, while challenging the BJP’s prime ministerial candidate Narendra Modi to get the black money kept in accounts in Switzerland back into India, AAP chief Arvind Kejriwal mentioned two account numbers, claiming these belonged to Mukesh and AnilAmbani.

RIL had business interests in several countries, with a turnover of thousands of crores of rupees, the firm said. “As part of their normal business, these international subsidiaries of RIL deal with several global banks. These accounts are fully compliant with all regulations and are disclosed in their appropriate jurisdictions and in India,” RIL said.

During his term as chief minister of Delhi, Kejriwal had ordered first information reports be filed by the Delhi anti-corruption bureau against RIL Chairman Mukesh Ambani, Petroleum Minister M Veerappa Moily and former director general of hydrocarbons VK Sibal. Kejriwal had alleged the government’s decision to increase the price of domestic natural gas from April 1 had resulted from corruption.

The move will benefit RIL, which operates the KG-D6 block.
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First Published: Feb 27 2014 | 12:43 AM IST

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